Murray Income Trust PLC (LON:MUT) Insider Peter Tait Purchases 5,000 Shares

Murray Income Trust PLC (LON:MUT) insider Peter Tait bought 5,000 shares of the business’s stock in a transaction that occurred on Friday, December 13th. The stock was bought at an average price of GBX 36 ($0.45) per share, with a total value of £1,800 ($2,271.87).

Murray Income Trust Stock Performance

LON:MUT opened at GBX 823 ($10.39) on Friday. Murray Income Trust PLC has a 1-year low of GBX 797.45 ($10.07) and a 1-year high of GBX 908 ($11.46). The company has a debt-to-equity ratio of 11.60, a current ratio of 2.92 and a quick ratio of 3.64. The business has a 50 day moving average of GBX 825.68 and a 200 day moving average of GBX 852.49. The company has a market capitalization of £854.44 million, a price-to-earnings ratio of 1,143.06 and a beta of 0.80.

Murray Income Trust Cuts Dividend

The firm also recently declared a dividend, which will be paid on Thursday, March 13th. Shareholders of record on Thursday, February 13th will be given a dividend of GBX 9.50 ($0.12) per share. The ex-dividend date of this dividend is Thursday, February 13th. This represents a yield of 1.17%. Murray Income Trust’s payout ratio is 5,416.67%.

About Murray Income Trust

Murray Income Trust PLC is a closed ended equity mutual fund launched and managed by Aberdeen Fund Managers Limited. It is co-managed by Aberdeen Asset Managers Limited. The fund invests in the public equity markets of the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors.